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Meta Infotech Ltd. Hits Upper Circuit for the 2nd Straight Session on BSE, 28 October 2026

28 Oct 2026 • 10:14 am

Meta Infotech Ltd. Hits Upper Circuit for the 2nd Straight Session on BSE, 28 October 2026

Existing holders and fresh buyers see the same print very differently. Meta Infotech Ltd. (METAINFO) reached the upper circuit on BSE at Rs 59.01 on 28 October 2026, up 5% from the previous close of Rs 56.2, which puts the Meta Infotech upper circuit streak at 2 sessions.

For those already in the stock, the band marks a gain on the day. For anyone waiting to enter, it marks a ceiling that limits what can be done. Market cap stood at Rs 106.11 crore.

Key Takeaways

  • Meta Infotech Ltd. (METAINFO) hit the upper circuit on BSE at Rs 59.01 on 28 October 2026.
  • The session move was +5% against a previous close of Rs 56.2.
  • Market capitalisation stood at Rs 106.11 crore with a PE ratio of 9.75.
  • This is the 2nd straight session at the upper circuit, with the run starting on 27 October 2026.
  • A price band is an exchange trading rule, not a view on the company or a recommendation.

Key Market Data

Metric Value
Stock Meta Infotech Ltd.
Current Price / LTP Rs 59.01
Day Move 5%
Previous Close Rs 56.2
Day Open Rs 57.5
Day High Rs 59.01
Day Low Rs 57.5
Upper Circuit Price Rs 59.01
Upper Circuit Limit Rs 59.01
Market Cap Rs 106.11 crore
Selected Exchange BSE
PE Ratio 9.75

All figures above are as of 28 October 2026, sourced from Univest market data for the BSE listing. Only fields present in the source for this session are shown.

Price Action and Trading Activity

Meta Infotech Ltd. opened at Rs 57.5 on BSE, which was also the low of the day, and moved up to the Rs 59.01 band, the day’s high. The previous close was Rs 56.2, so the stock gained Rs 2.81, a move of 5%.

The figures come from BSE alone, because price bands, day ranges and previous-close values are not always identical on different exchanges, and a single source keeps them comparable. The band limit for the session, Rs 59.01, was also the day’s high.

The Meta Infotech Upper Circuit Streak So Far

This is session 2 of an unbroken run for Meta Infotech Ltd. The streak began on 27 October 2026, from a base price of Rs 53.58. Across the run the stock has moved 10.13% in total.

A repeated upper circuit matters more than a single one. It says the order book has stayed one-sided across multiple sessions rather than reacting to a single day of news, and for anyone holding the stock it means the price on screen has been hard to trade at for several days running.

This page is the running record for the streak and is updated each session rather than being replaced by a fresh article. That keeps one address for the event instead of splitting the same story across competing pages.

Why Meta Infotech Ltd. Hit Upper Circuit

Buying interest drove Meta Infotech Ltd. up to its exchange-defined price band. No official company announcement or verified external catalyst was confirmed at the time of writing, so price action and market sentiment are all that can be pointed to.

Nothing verified is available, which is why the move is not linked here to earnings, a corporate action, sector news or market rumours. If a confirmed announcement appears later, it would go into a separate update. During the session the stock reached Rs 59.01.

What the Meta Infotech Upper Circuit Means

An upper circuit is the top of the range a stock may trade in during one session, set by its exchange price band. For Meta Infotech Ltd., that top was Rs 59.01 on 28 October 2026.

Bands exist to slow extreme moves and keep trading orderly. A holder’s gain at the band is a record of what the price did that day, and a new buyer’s view of the same price is a separate matter, shaped by what can actually be bought at it. Neither reading is a return forecast.

Meta Infotech Ltd. Fundamentals and Valuation

Reported data gives holders and new buyers more to look at than price alone. Meta Infotech Ltd. had a PE ratio of 9.75 and a PB ratio of 1.45, with a book value of Rs 38.82 and EPS of 5.77, on a market cap of Rs 106.11 crore. These are descriptive figures, not a buy, sell or hold view.

A PB ratio of 1.45 means the market valued the company above its reported book value per share, a premium that can reflect growth expectations, asset quality or thin trading in a smaller counter. A sharp one-day move draws attention, but valuation and return ratios still call for a separate review, and a premium or discount to book says more when set beside the company’s own history than beside a single session.

Peer and Sector Context

Meta Infotech Ltd. belongs to the IT – Software industry within the IT sector. The peer table below uses available companies from the same sector or industry to give broader valuation context.

Peer Company Market Cap PE PB ROE
R Systems International Ltd. Rs 2983.14 crore 15.48 2.72 27.89%

Several of these peers are far larger by market capitalisation than Meta Infotech Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.

Meta Infotech Ltd.’s PE ratio was 9.75, compared with an available peer PE average of 15.48, calculated from the 1 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.

Want to know more? Log in to Univest for more stock insights.

Technical Snapshot

The technical snapshot adds context: RSI was 37.24, the 50-day moving average was 73.64 and the 200-day moving average was 82.08.

Worth flagging: the RSI reading sits on the opposite side of neutral to the day move and the last traded price and the 50-day average point in different directions. Indicator values in the dataset can lag the live session, so they should be checked against a live chart before being relied on.

What Readers Should Know

Little is confirmed beyond the price: Meta Infotech Ltd. was at the BSE upper circuit of Rs 59.01 on 28 October 2026 after a 5% day move, and no official catalyst had been confirmed when this was written.

For a new buyer the practical difficulty is execution. Orders queue at the band while sellers step back, so the quoted price may not be one at which a trade completes. A holder faces the opposite question, since a gain shown at the band is not the same as a sale made at it.

Sessions like this are market updates, not conclusions. Business fundamentals, valuation, liquidity, risk and confirmed company disclosures each need their own review.

Frequently Asked Questions

Why did Meta Infotech Ltd. hit upper circuit on 28 October 2026?

The stock reached its upper price band after buying interest during the session. No official company announcement or verified external catalyst was confirmed at the time of writing.

How many sessions has Meta Infotech Ltd. hit upper circuit in a row?

This is session 2 of the current run, which began on 27 October 2026. This page is updated each session rather than replaced with a new article.

What was METAINFO share price on 28 October 2026?

The last traded price used in this article was Rs 59.01 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for METAINFO?

The upper circuit price was Rs 59.01. The stated exchange upper circuit limit was Rs 59.01. The event numbers in this article are aligned to BSE.

What is Meta Infotech Ltd.’s market cap and PE ratio?

Meta Infotech Ltd.’s market cap was Rs 106.11 crore. PE ratio was 9.75.

Which exchange and data source were used?

The selected exchange was BSE. The article uses Univest market data available at the time of generation, captured on 28 October 2026.

Does hitting an upper circuit mean Meta Infotech Ltd. is a buy or a sell?

No. A circuit is an exchange price-band rule that caps how far a stock can move in a single session. It carries no view on valuation or business quality and is not a recommendation. Any decision should rest on fundamentals, valuation, liquidity and your own risk tolerance.

Can you buy or sell Meta Infotech Ltd. shares when the stock is at the upper circuit?

It is usually difficult. At the upper circuit, buy orders queue up while sellers step back, so there may be no counterparty at the quoted price. Orders can stay unfilled until the band opens up or sellers return.

What happens the next trading session after an upper circuit?

There is no fixed outcome. The band resets each session, so the stock can open freely, hit the same band again, or reverse. The exchange can also revise the applicable band width. The useful signals to watch are whether the company files any disclosure explaining the move.

What is the upper circuit limit set at for Indian stocks?

Exchange price bands are commonly set at 2%, 5%, 10% or 20% depending on the security, and the applicable band can be revised by the exchange. For Meta Infotech Ltd. the stated limit was Rs 59.01. For this session, Meta Infotech Ltd. moved 5%.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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